Motley Fool Hidden Gems Investing
The Rise of Prediction Markets
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Show notes
This past presidential election was the first where Americans could legally bet on the outcome. That event proved prediction markets to be a source of truth.
This episode offers two looks at prediction markets. In the first half of the show, Kalshi CEO Tarek Mansour joins Ricky Mulvey to discuss:
- What he learned about Kalshi from this past election.
- The difference between an events contract and gambling.
- How prediction markets could disrupt sports betting.
Then, New York Magazine Features writer, Jen Wieczner, joins Mary Long to discuss her reporting on the billion-dollar betting platform Polymarket, and its legal challenges in the United States.
Read Wieczner’s piece on Polymarket here: https://nymag.com/intelligencer/article/is-polymarket-legal-politics-betting-shayne-coplan.html
Company discussed: HOOD
Hosts: Mary Long, Ricky Mulvey
Guests: Tarek Mansour, Jen Wieczner
Engineers: Rick Engdahl, Dan Boyd
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